Weekly Price Adjustments
In Dalian, local black bean prices rose slightly this week. However, market activity remains minimal as exporters are primarily making on-demand purchases. Most traders have kept their inventory prices stable despite the slight increase in local prices.
Supply and Demand Dynamics
Currently, the supply and demand for black beans in the region are balanced. This year’s black bean planting area has contributed to the stability in prices. The market sees a slight local increase, reflecting the cautious approach of traders and exporters in managing their inventories.
Market Outlook
The slight rise in black bean prices indicates a stable market with localized adjustments based on demand. As traders and exporters continue to operate with a focus on inventory management, the market is expected to maintain its stability in the short term.
The black bean market in Dalian is experiencing minor fluctuations in prices, driven by local supply and demand dynamics. The cautious approach by traders and the stable planting area for black beans suggest that significant price changes are unlikely in the near future. This stability is crucial for maintaining market confidence and ensuring consistent supply for both domestic and export markets.
Product Name |
Chinese Black Kidney Bean |
| Type | Small |
| Moisture | 16% max |
| Package | 25kg PP bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| Conv. Fob Dalian | USD 1170-1230/mt – EURO 1089-1145/mt |
| Org. Fob Dalian | USD 1320-1350/mt – EURO 1228-1256/mt |
| Delivery | 20 days after the contract |